Uni-Fuels Holdings Ltd. has announced a change in its independent registered public accounting firm, appointing Assentsure PAC to replace Marcum Asia CPAs LLP. This decision, effective August 4, 2025, was made after a careful evaluation and was approved by the company's audit committee. The change is not due to any disagreements over accounting principles or practices. Marcum Asia's audit report did not note any reportable events over the past two fiscal years, aside from material weaknesses identified in an April 2025 report. These included issues with accounting knowledge, internal audit functions, and IT control environments. The company is addressing these weaknesses to comply with U.S. GAAP and SEC financial reporting requirements. Marcum Asia has been informed of the disclosure and has provided a confirmation letter to the U.S. Securities and Exchange Commission.
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